01970 : Questions & Answers

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George Barre…, Real Estate Pro in 40202
George Barrett answered:
if i buy a home with asbestos siding is it dangerous? a lot of homes ive looked at have asbestos siding in our price range.
Asbestos can be safe as long as it is not airborne, so don't agitate it. Many time encapsulating is much cheaper than mitigation. Ask a local professional for a free quote during your i ... more
0 votes Share Flag Tue Jun 10, 2014 Home Buying in 01970
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
how do i contact a bank that is going to auction off a home, to try and do a short sale instead, before the auction?
Lady,
As a buyer, you won't have much luck unless the seller is willing. If they are, it's up to them to contact the bank, an agent and get the property listed. You can't skip this st ... more
0 votes Share Flag Fri May 9, 2014 Home Buying in 01970
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
2 bedroom - Modern in the Salem Commons area and takes housing vouchers. New updated with stainless steel appliances and hard wood floors.
I would use a local rental professional to save time and money and also to make sure you don't miss a great rental.


(Please note: when you choose an answer as a Best Answer, or at ... more
0 votes Share Flag Tue Nov 12, 2013 Rentals in 01970
Louis Wolfson, Real Estate Pro in Newton, MA
Louis Wolfson answered:
when did they stop making aspestos shingles?
I believe this site may answer any of your questions

http://en.wikipedia.org/wiki/Asbestos

Good luck.
0 votes Share Flag Thu Aug 29, 2013 Home Buying in 01970
Terryanne St…, Real Estate Pro in Salem, MA
Terryanne St Pierre answered:
does cement siding / asbestos siding affect the value of a property?
The condition of the siding is more the issue. Asbestos siding in good condition can last a very long time. It also take paint very well so you are not stuck with an existing color if i ... more
0 votes Share Flag Thu Jul 11, 2013 Home Buying in 01970
Jim Armstrong, Real Estate Pro in Essex County, MA
Jim Armstrong answered:
CA SOMEONE POST A LINK REGARDING GAINS ON THE SALE OF HOME? THXS
First the disclaimer: This is not tax advice, but just my personal knowledge that I am giving. Please consult your tax adviser for more information.

Not that the legal stuff is out o ... more
0 votes Share Flag Thu Apr 25, 2013 Home Buying in 01970
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
what is the average change in sale prices of condos in Salem from May 2010 to the present?
2010 (1/29/2010 - 1/29/2011):
Total Condo's sold: 241
Median Price: $228,000

2012 (last year):
Total Condo's Sold: 281
Median Price: $228,000

Territory.com
Massachusetts Prem ... more
0 votes Share Flag Tue Jan 29, 2013 Market Conditions in 01970
Territory.com, Real Estate Pro in Massachusetts
Territory.com answered:
How much money would I lose if I sold now?
To further our answer with some single family sales stat's

3/27/2009-3/27/2010
178 properties sold
Median Price: $287,500

3/27/2011 - 3/27/2012
141 properties sold
Median Pric ... more
0 votes Share Flag Tue Mar 27, 2012 Home Selling in 01970
Wen Farina (…, Real Estate Pro in Massachusetts
Wen Farina (Wayne) answered:
Looking for Sell-Side Realtor Assistance, Townhouse, Salem, MA (Pickman)
Just as an fyi to fellow brokers/agents answering questions here assisting home buyers & sellers, be aware of links that are sometimes posted so you do not get a virus or information ta ... more
0 votes Share Flag Mon Mar 26, 2012 Home Selling in 01970
Christine Mo…, Real Estate Pro in Wilbraham, MA
Christine Moran Realtor/Notary answered:
What does a free zone refer to in a school district map?
You have would to call the schhol district. I have heard of drug free and gun free.
0 votes Share Flag Mon Jan 23, 2012 Home Buying in 01970
Barry Little, Real Estate Pro in Massachusetts
Barry Little answered:
Our offer has been approved on a home but we just found out my husband has an item in collections we were unaware of. We immediately paid in full...
Ikgmuller,

We can help you with the purchase and close on your home for May
With a minimum middle credit score of 620 for all borrowers involved with FHA financing.

I live and w ... more
0 votes Share Flag Thu Mar 24, 2011 Home Buying in 01970
Julie, Real Estate Pro in Charlton, MA
Julie answered:
80/10/10 Loans
Yes this is still available!
I have lenders that will offer 40 year term, interest only, fixed or adjustable! Before you decide to take out two loans I would weigh out the options f ... more
0 votes Share Flag Tue Aug 31, 2010 Financing in 01970
Mark Patters…, Real Estate Pro in Illinois
Mark Patterson answered:
What's the downside of using Redfin for Buy Side Representation?
I first contacted Redfin on May 28th and informed them I was interested in listing a property for sale with them. I spoke with their "listing specialist, Klaus Gosma" on June 12th, 2013 ... more
0 votes Share Flag Fri Aug 27, 2010 Home Buying in 01970
Jason Dipers…, Real Estate Pro in Haddonfield, NJ
Jason Diperstein answered:
I am looking for a mortgage broker/lender who has been through the "spot" FHA approval process.
Eric,

Thanks for the approval, glad I could help. Be sure to read the link I sent carefully, especially the qualification criteria. You mentioned that you think your association qu ... more
0 votes Share Flag Mon Oct 26, 2009 Financing in 01970
Suburbndeath…, Home Buyer in 01970
Suburbndeathcamp answered:
I have been waiting a week to hear back from a bank about a mortgage loan..
Thanks to everyone for the help. We did get approved with Sovereign Bank and our closing is October 29th!! Someone really should teach people what they are doing.. especially with somet ... more
0 votes Share Flag Thu Oct 15, 2009 Financing in 01970
Michael Giles, Real Estate Pro in Beverly, MA
Michael Giles answered:
I am interested in a property that has a commercial space on the 1st floor.
Hi,
I believe if the commercial space is more than 30% of the square footage, you can have problems with financing. I will check with a couple of lenders later today to see what op ... more
0 votes Share Flag Wed Sep 2, 2009 Home Buying in 01970
Chris, Real Estate Pro in Woburn, MA
Chris answered:
I put an offer on a house and was asked to offer more without a counter offer.. along with another buyer..
Most times when both offers are similar but lower than what the owners wants they simply have their realtor state that they want both offfers re-considered and then re-submitted!

No ... more
0 votes Share Flag Fri Aug 28, 2009 Home Buying in 01970
Greer, Real Estate Pro in Newton, MA
Greer answered:
As a recent college graduate,I have been building credit by obtaining a car loan and two credit cards with
I will be one of the presenters at MIT this evening in a program specifically addressing the concerns of recent college grads. It's called "Backpack to Briefcase" http://alum.mit.edu/ ... more
0 votes Share Flag Thu Apr 23, 2009 Home Buying in 01970
Sue Keenan, Real Estate Pro in Salem, MA
Sue Keenan answered:
My wife and I are on year 4 of a 5 year ARM @ 4.5% and we are ready to get out of the townhouse/condo life
Hello,
What condo complex are you in? I can tell you the market value. I have been selling Condos in Salem, MA for then past 18 years.
0 votes Share Flag Tue Jul 22, 2008 Market Conditions in 01970
Kayte Malik, Real Estate Pro in Charlotte, NC
Kayte Malik answered:
I am a new buyer. I would like to buy my first home and I can probably afford 200K. How should I go out this?
1. Sit down with a mortgage broker as soon as possible - the market going through a lot of changes right now so it would be a good idea to understand fully the financing portion of buyi ... more
0 votes Share Flag Wed Aug 29, 2007 Home Buying in 01970
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